Montreal s Inovia Capital taps former Google executive for top tech role
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« Il n y a pas de raison qu on aille un Lightspeed tous les 15 ans au Canada »
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Patriotic Canadian venture capital firm Inovia raises $450-million to back domestic tech champions
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Eva Blue/Inovia
Canadian venture firm Inovia Capital just closed a whopping $450 million fund.
The company is scouting the next European tech unicorn as the continent preps for a wave of IPOs.
Partner and ex-Google CFO Patrick Pichette gave Insider the lowdown on Inovia s strategy for 2021.
Inovia Capital, the Canadian venture firm specializing in growth-stage tech startups, has just put together a $450 million fund – and is keen to discover Europe s next tech unicorns.
The firm now has close to $1.5 billion in capital at its disposal, and plans to invest its Growth Fund II in startups across the fintech, healthtech, e-commerce, travel and future of work sectors. Winners from Inovia s first $400 million growth fund include business software startup Lightspeed, travel firm Hopper, and Airbnb rival Sonder.